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August 5, 2022, 5:45 AM
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| Dan Primack / Axios: |
Filing: Twitter says Elon Musk's counterclaims “are factually inaccurate, legally insufficient, and commercially irrelevant” and don't justify ending the deal — We still don't have Elon Musk's response to Twitter's lawsuit over his efforts to back out of his $44 billion acquisition …
More:
Delaware Court of Chancery, New York Times, Washington Post, PhoneArena, The Economic Times, The Hill, Insider, Bloomberg, Associated Press, Wall Street Journal, and Barron's Online
Tweets: @btaylor, @kurtwagner8, @psawers, @austen, @bencasnocha, @kateconger, @telanganatoday, @danprimack, @chillmage, and @chillmage
| Wall Street Journal: |
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Engadget, Agence France-Presse, Financial Times, Associated Press, CNN, Lil Durk, Ars Technica, Bloomberg, and Newser
Tweets: @davidsacks, @mims, @sundeep, @icodrops, and @wadhwa
| Soma Biswas / Wall Street Journal: |
A New York judge allows Voyager Digital to return $270M in customer cash deposits, settling one of the company's larger issues after filing for bankruptcy — Crypto broker got bankruptcy court approval to return cash deposits — Cryptocurrency brokerage firm Voyager Digital Holdings Inc. secured approval …
More:
The Block, Ethereum World News, Cryptonews, CryptoPotato, Reuters, Yahoo Money, Blockworks, Cointelegraph, and Forkast. Tweets: @ahcastor
| CoinDesk: |
How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily inflated the total value locked on Solana — The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain.
More:
Web3 is going just great and CoinGape
Tweets: @notbunjil, @amyhoy, @wublockchain, @carnage4life, @chainyoda, @0x7d54, @chainlinkgod, and @jwweatherman_
| Michelle Price / Reuters: |
Visa and Mastercard end ties with the ad arm of Pornhub owner MindGeek, after a court ruled Visa must face a lawsuit alleging it is liable for CSAM distribution — Visa (V.N) and Mastercard (MA.N) on Thursday said they had suspended ties with the advertisement arm of MindGeek …
More:
Meet Visa. A network working …, CNBC, Gizmodo, PYMNTS.com, New York Post, Financial Times, and Variety
Tweets: @sydney_screams, @fabiansociety, @axelroark, @uppittynegress, @brianroemmele, and @wifexofxagony
| Nelson Wang / CoinDesk: |
Block reports Q2 revenue down 6.6% YoY to $4.4B, $2.62B net revenue excluding bitcoin, and Cash App bitcoin revenue down 34% YoY to $1.79B; stock is down 5%+ — Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.
Source:
Block, Inc.. More:
Bloomberg, TheBitTimes.Com's Newsletter, The Economic Times, PYMNTS.com, Benzinga, Investor's Business Daily, Block, Protocol, The Block, MarketWatch, and Reuters
| Barry Schwartz / Search Engine Land: |
Google updates search results for queries with quotes to show where the phrase appears in the results snippet instead of an overall description of the page — Now Google will now show the quoted text in the snippet where that exact phrase appears on the page.
More:
The Keyword, BGR India, Android Central, PCMag, Engadget, Search Engine Journal, and The Verge
Tweets: @pedrodias, @aleyda, @aarontay, @dannysullivan, @searchliaison, and @montsecano
| Michael del Castillo / Forbes: |
A staff member from Senator Cynthia Lummis' office says the SEC is investigating Binance and every US crypto exchange, including Coinbase — Widely circulated reports that the U.S. Securities and Exchange Commission (SEC) is investigating $20 billion crypto exchange Coinbase are just the tip of the iceberg …
More:
Cointelegraph, Coinpedia, CryptoSlate, and CoinGape
| Aisha Malik / TechCrunch: |
Clubhouse starts beta testing private communities called Houses, which can be created by a person or group looking for a more intimate alternative to Clubs — Clubhouse, the social audio app that rose in popularity amid the pandemic, is looking to shake up its platform with the launch of private communities called “Houses.”
More:
Social Media Today. Tweets: @pdavison, @caseynewton, @mattnavarra, @ericnewcomer, @ericrweinstein, and @om
| Reuters: |
As Nancy Pelosi visited Taiwan, cyberattacks from China and Russia increased on the island; some 7-11 store TVs displayed “Warmonger Pelosi, get out of Taiwan!” — As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing …
More:
NBC News, Reuters, The Record, Focus Taiwan, Infinite Eyes News, Politico, The Hill, New York Times, Reuters, and VICE
Tweets: @lorenzofb, @williamyang120, @sarah_wu_, @mpwangtingyu, and @kevincollier
| Andrew Romero / 9to5Google: |
YouTube is testing pinch to zoom with its Premium subscribers, allowing users to zoom into a video on-screen, even in landscape mode — YouTube has a program that allows Premium subscribers to access brand new features that aren't quite fully baked. Today, YouTube dropped a new one called …
More:
Silicon Republic, MSPoweruser, Livemint, The Verge, and Android Central
Tweets: @khaleejtimes and @nerdy_addict
| Wallace Witkowski / MarketWatch: |
Cloudflare reports Q2 revenue up 54% YoY to $234.5M, vs. $227.3M est., a $63.5M net loss, and forecast for both Q3 and 2022 above estimates; stock is up 21%+ — Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results …
More:
SiliconANGLE, Protocol, and Seeking Alpha
| Joanna Ossinger / Bloomberg: |
Crypto bridge Nomad says anyone returning at least 90% of stolen tokens will be viewed as a white-hat hacker and the remaining 10% will become the reward — Cryptocurrency company Nomad is offering a bounty to recoup funds spirited away in a $190 million hack that again highlighted security vulnerabilities in the digital-token sector.
More:
Cointelegraph and CoinDesk
| Andrew Hayward / Decrypt: |
More:
Slope Finance, The Block, ETH Daily, The Daily Moon, crypto.news, HealthcareInfoSecurity.com, Protos, NullTX, Crypto Adventure, Bitcoin News, Fortune, The Verge, The Register, Xspringdigital's Newsletter, Washington Post, rekt, and The Block
Tweets: @solanastatus, @solanastatus, @zellic_io, @solanastatus, @phantom, @slope_finance, @0xfoobar, @osec_io, @0xfoobar, @fatmanterra, @fatmanterra, @rajgokal, @slope_finance, @coinbureau, @lordx64, @chrismaddern, @slope_finance, @lordx64, @hudsonjameson, @0xfoobar, @slope_finance, @gregosuri, @chrismaddern, @zachherbert, @cz_binance, @mdudas, @ncweaver, @cygaar_dev, @thecryptolark, @chipflare, and @earlyishadopter
| Emma Roth / The Verge: |
Microsoft is testing a Game Pass widget on Windows 11 for showing games that have been recently added, are leaving soon, from certain categories, and more — Microsoft's first new Windows 11 widget — Microsoft's first new Windows 11 widget should make it even easier to find out which games are coming to PC Game Pass.
More:
Windows Blog, Club386, ZDNet, IGN, Tom's Guide, Huawei Central, PCMag, and Android Headlines. Tweets: @windowsinsider
| Tom Warren / The Verge: |
| Michael Bodley / Blockworks: |
Sources: EU-based hedge fund Brevan Howard has raised $1B+ from institutional investors for its crypto unit BH Digital, in the largest crypto hedge fund launch — - The inaugural fund's performance has held up quite well, on a relative basis to the market, sources said
More:
AltFi, Crypto Briefing, and The Block
Tweets: @michael_bodley, @thinkingcrypto1, and @silvermanjacob
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